Cardinal Health posted Q4 fiscal 2026 adjusted EPS of $2.60, beating estimates despite a revenue miss of $63.67 billion. Strong execution, enhanced profitability in high-margin sectors, and a positive fiscal 2027 earnings outlook prompted a price target raise to $265.
Standard Chartered initiated Chainlink coverage with a $200 price target by 2030, citing growth in tokenized assets, decentralized finance, and Wall Street adoption.
Bernstein analysts raised Robinhood's (HOOD) price target to $160, maintaining an Outperform rating, based on their view that tokenized equities and prediction markets, rather than traditional crypto, will drive its next growth phase. They project significant revenue growth from prediction markets and see tokenized real-world assets as a major long-term opportunity, with other financial institutions also expanding tokenization infrastructure.
Strategy sold 3,588 Bitcoin for $216 million to fund preferred stock dividend payments and replenish cash reserves, reducing its total holdings. This follows a capital framework allowing such sales, despite Bernstein's analysis suggesting forced sales are unlikely and maintaining a bullish long-term Bitcoin outlook.
TD Cowen reduced its price target for MicroStrategy (MSTR) to $260 from $400, citing Bitcoin's ongoing weakness. The firm also noted MicroStrategy's new capital management framework, which aims to bolster cash reserves and investor confidence.
Bitcoin (BTC) fell below $60,000, erasing June gains and activating bearish technical patterns like a rounded top and bear flag breakdowns. These setups, supported by MVRV bands, project a potential further decline to the $54,000 mark in the coming days.
Bitcoin fell below $60,000 on Thursday, a key psychological level, due to losses in tech stocks impacting crypto market sentiment. Technical analysis suggests a potential drop to under $54,000, supported by on-chain MVRV bands.
Standard Chartered forecasts AAVE to rise nearly 50x from ~$70 to $3,500 by end of 2030, tracking DeFi growth. The bank sees Aave past an April liquidity crunch and eyes partnerships via Aave Horizon, despite unproven scaling.
Bitcoin surged past $65,000 on Monday, driven by exchange order-book liquidity rather than US stock market movements. Traders eye a potential move towards $70,000, while "insane" liquidations of both long and short positions are occurring.
Bitcoin and Ethereum prices are falling, leading to increased bearish sentiment on prediction markets. Odds favor dumps to $55,000 for BTC and $1,500 for ETH, with traders anticipating no rate cuts this year and potential hikes.
Benchmark-StoneX reiterated a $270 price target for Coinbase (COIN), a 60% increase, following the company's unveiling of future products including tokenized equities and options trading. The firm sees Coinbase evolving into an "everything exchange" beyond crypto trading.
Bitcoin (BTC) dropped below $65,000 as the market awaited the US Federal Reserve's interest rate decision, with analysts warning of potential bearish moves and targeting $55,000 as a possible next level.
Bitcoin surged towards $66,000 as a US-Iran peace deal spurred risk assets higher, while oil prices dropped. Traders target $69,000, with whale investors establishing a floor near $60,000. The Federal Reserve's interest rate decision remains a key focus.
Bitcoin (BTC) surged towards $66,000 as a US-Iran peace deal spurred risk assets higher. Oil prices dropped, while US stock futures soared. Traders anticipate a short-term target of $69,000, supported by whale buying near $60,000, though overall demand weakness raises concerns.
Compass Point analysts reiterated a bearish $140 price target for Coinbase, citing fierce competition in the derivatives market. Despite regulatory relief for offshore perpetual futures via Deribit, rivals like Kalshi and Binance pose significant risks. Analysts noted signs of cannibalization and limited revenue growth potential.
Nvidia reported record Q1 revenue of $81.6B, beating analyst expectations. Despite this, the stock declined, a pattern Bank of America attributes to 'noise,' reiterating a buy rating and raising its price target to $350, citing the massive AI market and Nvidia's near-monopoly.
TD Cowen analysts raised Strategy's (MSTR) price target to $400, citing its successful Bitcoin accumulation via preferred equity offerings like Stretch (STRC). Despite a recent dip in MSTR shares, the firm's ability to access capital and grow its Bitcoin holdings is seen as a strong positive.
Zcash (ZEC) is showing a bullish cup-and-handle pattern, suggesting a potential price surge to $1,091 by June/July. Privacy coins are outperforming the broader crypto market, with ZEC up 73% in the past month.
Professional traders remain steady on ETH despite recent DeFi exploits, with Ethereum's market share and institutional demand providing support
Bitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs.
Bitcoin’s onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery.
Bitcoin’s rally on Monday pushed it above $80,000 for the first time since January as analysts say BTC price could rise further to fill the futures gap at $84,000 in the short term.
Bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000.
Bitcoin has reclaimed the $80,000 level for the first time since January, sparking debate among traders over whether the asset is entering a new bull phase or remains trapped in a bearish structure. Meanwhile, macro factors including Fed policy and oil price volatility loom.
